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20121203
20121203
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Search Results 0 to 26 of about 27 (some duplicates have been removed)
environment. we may find ourselves in a different in varmint in which they will have less choice. the actuarial estimates are that the fha books of business will more than pay for themselves. what we're looking for them to do is pay for the losses we incurred when we were playing a counter-cyclical role. the phrase i always use, it is inherent to an insurance model. fha does it for a public purpose. there is a point at which -- i have had plenty of economists argue that it is not rational for us to charge today's home buyers more than it costs us to pay for the losses of the past. we had a large, traumatic, national emergency. think of it as the hurricane sandy or hurricane katrina of the housing market. maybe the public sector ought to say -- the economists say we should write the check for the treasury and we should go back to starting the future homebuyers at a price that is rational. the financing mechanism and the like. i think we should do that, with there are limits to how far you can do that. there are limits to what you can do with the pricing. when the private market co
allocation. how do you generate returns and manage volatility in this kind of environment where there's so much you can't control? global head of institutional clients with jpmorgan asset management, welcome. i'm going to ask something that may be counter intuitive to a lot of people. maybe not to you. it seems to me your clients, institutions, pensions, endowments, are tax exempt. they don't have to worry quite as much it would seem to me about avoiding dividend taxes or capital gains taxes as ordinary individuals. am i right about that or wrong? >> yes and no. the point being if the fiscal cliff you look at china, eurozone, it is all coming together to create an environment of total uncertainty for a lot of the biggest investors in the world. pension funds in the u.s. are trying to manage the volatility of the funding levels, generating return. think of where the average u.s. pension fund is trying to again rate a return from 6.5% to 8%. >> it's not so much that they're concerned about a looming tax hike that might affect their portfolios as it is about the uncertainty that the cliff rep
environment? all these special dividends. oracle is doing it now, second quarter, third quarter dividends this month so investors can get taxed at the 2012 dividend rate. >> it's bigger than that because it's not only the corporation themselves but corporate executives. cashing out options looking for preferential tax treatment there as well. that's just prudent corporate management. you can't fault them. stocks paying special dividends have been outperforming the spx in the time period since this started happening. in some ways in the convoluted way it's been a positive for the market. >> oracle is down, though o this news. >> oracle is down right now. gordon, you make a really good point. that's where the performance has been, the conditions paying these special dividends. when i see an announcement like this, you as an investor, would you buy these companies paying special dif depends to make sure the tax rate is a low rate versus what we may see in 2013? >> certainly it might be an opportunity short term, over a short horizon. i'm not sure i want to lend to those companies. i'm the bo
environment, once google has seen that new rocketship, i see no reason why google should be any different. especially since google owns android. they need to figure out how to monetize it better. something the company is doing by releasing its own line of smartphones and tablets. google is sold out until after christmas. of the growth stocks, i got to admit i like google less than i did before the bad quarter if you're trying to figure out which of these stocks worries me the most, it's google, it's become a show-me situation. how about visa and master cad? both up decently since i recommended them in october. these are both plays in the worldwide switch from paper currency to plastic. visa and mastercard both reported strong quarters in october, they have healthy balance sheets. mastercard is winning new business all over the place. and visa announced a $1 billion buyback. even though visa has a new ceo, i'm a big fan of both stocks. i think they're both candidates to offer special dividends as the year unwinds. they've got the cash for certain. then there's the sherwin williams. the sto
states, inflict damage, physical and reputational, on the jordanian government in an environment in which all other governments are certainly dealing with their own difficulties right now. >> reporter: all 11 suspects were rounded up by jordanian security forces in mid october. jordanian officials say they'd planned to strike on november 9th, the seventh anniversary of the last al qaeda attack in jordan. when suicide bombers struck three hotels in amman, killing about 60 people. the man who claimed responsible for that attack was al zarqawi who led the group al qaeda in iraq. he was killed by u.s. forces in 2006. but analysts say the recent resurgence of al qaeda in iraq shows an unsettling pattern. >> we thought we had them essentially pushed to the wall and snuffed out to a large degree. some individuals were released from prison in iraq and rejoined this group. and certainly when you have a country that is unstable like iraq and you have tremendous sectarian tension there and violence, the more from the sunni side on to the shiite side, you can't be surprised that a group like al qaeda
on the table could you imagine that breaking through the current political environment. >> i think basically now, gwen, there are three sticking points. one is the amount of revenue and the sources of revenue. the second is the amount of spending cuts and how much of that will come from the entitlement programs particularly health. the last sticking point is what do we do about this debt limit that we've come up against all the time that puts our credit in danger. >> ifill: the president has said the debt limit should be, at least in his opening statement, that the debt limit debate should be set aside and that nothing can be done unless the taxes are cut... are raised for the wealthy. is that part of a solution that you can see working for what it is everybody is trying to get to here? >> look, gwen, i'm not a bit worried that it appears on the surface that secretary geithner ton the speaker didn't make any progress last week. that's just a theater you go through. geithner made his first offer. the republicans rejected it. no surprise. i'm sure that this offer that the speaker has made toda
that environment look like? >> i don't think that's what happens. we're not talking about taking tax rates from 35 to 50 or 60. we're talking a few percentage points. so it's uncertainty, well do i get my deductions, do i pay a hayer rate? what is my mix and until then i sit on my hands. bringing up the again the uncertainty factor. i think we get to a point where we get some sort of compromise around these things. we'll get back through a muddle through economy. not a great one but good enough one. david: the president's comments of last year notwithstanding where he was for lowering rates. rates go up in one way, shape or form. rather than spending money in the stock market where people get taxed more they think of more direct investment? more vehicles that avoid the stock market entirely and get cash directly to the companies? >> that could happen and would be good for the economy which in a perverse way would be good for the stock market as well if you see my logic. getting people to move off the dime. to say i don't need this hoard of cash frankly earning almost nothing. i need to put it to w
nearly $2.3 billion, a risky bet in a bad economy. why, in this economic environment, would you open a hotel? >> well, i'll tell you right now that if i had any idea this-- i wouldn't, if i had a choice, but this project was started four years ago. these things have a huge lead time. >> the gambling industry has been battered by the recession and taken the city of las vegas down with it. some casinos stand half built. unemployment is over 10%. and while steve wynn has had to slash employees' pay and lower room prices, he plows ahead, doing whatever it takes to get customers to his new hotel. >> this is encore. [dramatic orchestral music] ♪ >> and, yes, he really was sitting on top of the building. >> next time, we do this in the lobby. >> the encore is connected to his other las vegas hotel, the wynn, and he has a third in macau, china. inside, his hotels are fantasy lands for well-heeled adults. he brought gourmet restaurants and high-end shopping to the strip. his hotels may be extravagant, but his business strategy is conservative. his company is not highly leveraged and has ove
remember to put money to work. in an environment where not people put money to work and people aren't doing anything, you get an influx of retail money. you have to commit that money to your retirement and to your kids. >> interesting. >> it's a big difference. >> btig has a note on seasonality regarding the end of the year and even december '08 was positive. how resilient the month of december is. >> funny you mention that. that was such a false tell. we thought maybe things had bottomed and then just off a cliff, not fiscal but stock right after that. it's a great note. >> meantime, as we await the opening bell this morning, we'll look at the s&p 500 at the realtime exchange on the top of your screen. big board here. >> there's the bell over at the nasdaq today, sears holdings and st. jude's children's research hospital celebrating the st. jude thanks and giving campaign. lead story involves delta and talks they say to acquire from singapore some stakes in virgin atlanta. >> we'll see what happens. they have been active. the one people are more focused on is american airlines in bankruptc
and safety to the environment to taxation. in alec task forces, elected state officials and corporate representatives close the doors to press and public, and together approve the bills that will be sent out to america. but americans have no idea they come from alec, unless someone like a mark pocan exposes it. >> when i went down to new orleans, to the alec convention last august, i remember going to a workshop and hearing a little bit about a bill they did in florida and some other states. and there was a proposal to provide special-needs scholarships. and lo and behold all of a sudden i come back to wisconsin, and what gets introduced? get ready. i know you're going to have a shocked look on your face. a bill to do just that. >> 26 alec members in the wisconsin legislature sponsored that special-needs bill, but the real sponsor was alec. pocan knew because the bill bore a striking resemblance to alec's model. have a look. but pocan isn't only concerned that alec sneaks bills into the state legislature. the intent behind the bills tion les him too. sounds so innocuous. but when you
to meet. they don't meet. so, are you worried that environment makes things so dicey that no deal is done and if it is done, it it is a bad d. >>guest: i am worried. the so-called fiscal cliff was put in law because it was stuff that would be so unacceptable congress would never let it happen, enormous tax increases, grotesque cuts in spending but here we, it is in the law. congress does nothing which congress is good at doing and go over the cliff and some want to see that happen because then the crisis will generate the kind of bipartisan agreement we need but that is irresponsible. >>neil: it is looking more likely. then who picks up the pieces? >>guest: the country suffers. i don't think anyone gains politically. you know that almost everyone here in both parties will tell you if you talk to them privately, this ends with entitlement reform. not cutting programs like medicare but slowing down the growth in the programs because they are the big drivers of the deficit and raising more out of the revenue, out of the tax system. whether you call iterates or reform over whatever you call i
a home. if you can in this environment, record low interest rates, home values epressed from the recession. buy a house. don't look at the target. you won't make money in the savingsing thes. dividends taxed as regular income. buy a home, something you can use, live in, and sit on. stuart: no dividend to be taxed, and if it's up in value, you don't pay tax until you sell it. ten seconds for the best investment of 20 # 13? >> amazon, other online retailers. i spent black friday in my pajamas at home getting deals,
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a reduction in the amount of carbon and an improvement in the environment as well as conservatives can see the idea of leaving it more resources at home and sending less of our wealth abroad. this is a way of doing something different, which is creating a consensus to get something done in the next congress. we are excited for the next congress and to work with all legislators to implement these recommendations and see them through to their felon. -- to their fulfillment. i would like to call fred smith, the chairman and founder of fedex. he really needs no introduction. but the truth is fedex and what -- p. burns about 1.5000 gallons of fuel per day -- 1.5 billion gallons of fuel per day. oh, per year. [laughter] why would really be a problem. but the truth is that sex, what they have done in our economy is groundbreaking. they are the clipper ships of the modern age. what they see in terms of the economic growth of our country, because they touch every industry, as well as providing the transportation to making our economy grow, i think he is well-suited to discuss this issue. i thank hi
that are on average 11.1 years of age that are really driving car sales. in this low interest rate environment, this is the other big ticket item. >> how are people going to fund their purchases? you have an 11-year-old car, how are they funding the replacement of it? >> well, the availability of credit has improved dramatically over the last eight months or so. and we're even seeing people with bumps in their credit history, subprime borrowers, getting more acceptances of their car loans. and of course there are a lot of incentivized interest rates from the manufacturer's financing arms out there, as well. the overall softness in the european market and with japan in recession, we think we'll see likely more incentives from manufacture are ers for customer the coming months because they have capacity they're not using for those other market. so they will be targeting this u.s. market and the consumer is in a pretty good mood. part of that we believe is the stabilization of home prices which is the basic net egg for most middle class americans. >> it would seem whatever's going on where you ar
's out of everything that is in the environment of children. >> reporter: the cosmetics industry counters that worrying about trace amounts of lead and lipstick distracts from other much greater risks. >> if you're really serious about the public health aspects of lead poisoning, you wouldn't be looking at lipstick. you would be looking at locations where children live. do they live near hazardous waste dumps? are they chewing lead-containing paint fragments? >> reporter: it's a difficult debate which may leave women pursing their lips, wondering what to do. for "good morning america," elisabeth leamy, abc news, massachusetts. >> all right. if you're not baffled enough, if you want to try to avoid lead in lipstick without wearing it, it's tough to do. we compared department store lip six to drugstore lipsticks. we compared reds to pinks, asian made to american made, lipstick to gloss. and found no pattern as to where the lead may pop up. go figure. lara? >> all right, thank you. >>> now, it's time to play the newest game here at "good morning america." what's it called? here's how it work
development. what do we do to keep improving the business environment so that the economy can accelerate. that's the most important thing. >> hat do you make of when you hear the speaker, john boehner over the weekend say we haven't made any progress at all. we're at a stalemate. does that worry you? >> well, i think it's clearly coming together on a joint solution and there's going to be a lot of gives and takes. but it will take everybody working together both on the revenue side and -- >> ceo of ford when you hear about the fiscal cliff and what it can do in terms of raising taxes on middle class families, even obviously wealthier individuals your concerned about sales? >> this is really an important question because, you know, clearly the actions that congress put in place to deal with the fiscal cliff is very important because if those actions actually took place then it clearly has a big impact on purchase decisions for all of us and clearly would slow down the economy. so we really do need to come together with a joint solution. >> alan mulally, jim farley, thank you. >> lincoln. >> yea
, a report about the problem will be presented to the city council's transportation and environment committee. >>> the public has been invited to a meeting tonight about the search for a new police chief for san jose. during that meeting, city officials will ask for ideas about what quality should be considered in evaluating candidates for the job. the meeting is due to begin at 67:30 at the mayfair community center. >>> want to check in with tara again. >> there is a new accident on 680 southbound. there is a car blocking the lane there. it doesn't appear to be causing too much of a backup. right now we're gonna head outside and you can see the east shore freeway is pretty much a mess. i have red arrows that about all the way from the bay bridge up to richmond. so different yourself some extra time if you need to head west on interstate 80. up next we'll take a look at the bay bridge toll plaza. you can see there is a lot of traffic here. it's been like this since about 6:00 this morning. give yourself some extra time if you need to head into san francisco. 280 in san jose, the traffic is no
and clean for our communities and the environment. we're america's natural gas. jenna: new detailsee americaning in the murder-suicide involve kansas chief linebacker jovan belcher. they received a phone call as the tragedy unfolded. >> number one arrowhead drive. [inaudible. >> i believe our suspect is a chief's player so whoever goes over there, go with caution. we have a confirmed shooting i believe it's belcher. >> brad underwood reporting for fox kansas city as live at arrowhead stadium in kansas city, missouri with more. brad. >> reporter: good afternoon, jenna. we continue to learn more about the event that led up to the murder-suicide involving chief's linebacker jovan belcher and his girlfriend, his live in girlfriend. police say the shooting leading up to it there was an argument. friends and family saying that this relationship had a lot of tension, and friends and family of his girlfriend saying ever since the birth of their child it was an a very unhealthy relationship. they say belcher shot his girlfriend several times. after shooting her he drove to arrowhead stadium w
americans who saved it do not have enough for environment. lori: should average investors follow the institutions? >> yeah, you know, one of the things we are seeing is a lot of institutions have held off or have looked at managing risk and mitigating in their own portfolios. you are looking at this longer-term investing. writing to the store. looking at structures that allow you to mitigate risk and have better sleeping at night. you cannot fund a retirement by earning a half of a percent of 1% and a stable money market fund or bond. you will need to take some risk. sure. i was just going to come in with a risk. should i go risk on all the way and really go crazy and put in some, you know -- [talking over each other] >> it all depends on what your circumstances are. if you have some longer-term horizons, you should be looking out what type of risk you can look at in the portfolio. the big dynamic change has been risks moving from i do not want to miss the upside to a game i want to watch and protect my principal. it is about risk budgeting now more than the way i need to allocat
environment again and really if you look at the economy, we're probably going back to the '90 style economy where you had 3%, 3.5% was really good growth. 2% growth which we're experiencing right now is pretty good. full employment might be 5.5, 6% like the old days. and i think with that being said, we've got to to get a little bit closer to those numbers to really have the economy start to take off. and i don't think we're that far in there. >> any much those numbers we would take. i don't know whether we are or not. wishful thinking for cantor. certainly would help you guys. why didn't you like fighting irish? >> they were on tv every week when i was a child and i'd like to see alabama win. >> alabama won last year. >> that's okay. all right. thank you. see you later. >>> in fact in some of the squawk sports news this morning, dallas beating philadelphia in sunday night nfl game. 38-33. tony romo threw three touchdown passes to break troy aikman's career franchise record. and the jets beat the cardinals 7-6. new york scoring the lone touchdown after mark sanchez was benched with tim tebo
because it's such a masculine environment, you try to mask everything. if you hurt your ankle, you fake it and run it off like nothing's wrong. especially if you have an emotional or mental problem. you're certainly going to mask it. along the way if you don't you're going to get weeded out. football is a game of attrition. the weak don't make it to the top levels. so you mask any issues or demons that you may have so that you can get to that top level. i think it's a disservice, quite honestly, to the individuals in the games. because statistics will tell you that there are a couple guys in the nfl that have mental issues and it doesn't get addressed often enough. >> back to joe linta for a second. we know jovan went to the field and the facility and he talked to his coaches. i mean, he was talking to them with a gun to his head. why do you think his instinct after he kills his girlfriend, the baby in the other room, would be to go and thank his coaches? >> i think the instinct would have been the kind of young man that he was and the way he was raised that, you know, he probably -- i
] >> grover! >> stephanie: norquist and maria commented this is a different environment than the 1990s. grover said we got four years of bad regulation, higher taxes. he wants to add more taxes to the tea party too. it will starve tea party i if obama pushes us over the cliff. [ screaming ] >> can't just wait for tea party three. >> probably about 150 billion. >> stephanie: that would be bad. okay. oh, let's see. phillip in durham disagrees with everything i say. about everything? >> ever! >> stephanie: hi, phillip. >> caller: hi, stephanie. look. appreciate the show. i think you have not been fair to the facts and let me just ask you from the -- what we're talking about -- >> stephanie: the facts are oversensitive in my opinion. >> caller: that's why you're better as a comedian than a political pundit. >> stephanie: all right. >> caller: the fact of the matter is simply this. timothy geithner proposed a budget plan that was already presented to the senate and was voted down 99-0. have you told your listeners t
always on the eye of creating an environment where businesses can grow and provide great jobs and great careers going forward. i think that's the most important thing is to stay focused on what the job is at hand. >> and anything about the cup holders? >> well, you can have big cups or small cups. >> what else do you have in the car, though? internal, people like gadgets now. do they have the maps and everything like that? >> we have my lincoln touch system which is really the latest and greatest in human machine interfaces, it's really nice. you can command the vehicle with your voice. and you can do it with the swipe of your finger, of course. but probably the neat thing we have is a new push button transmission. and instead of your traditional shifter -- >> it if you're chrysler -- >> push, drive or reverse. what's neat about it, it freed up the instrument panel, the center console to be really beautiful now. because we don't have that big, clunky, shift mechanism. i think you'll find some new things. >> does it have a great democratic name? postmaster general from the '30s and '40s?
Search Results 0 to 26 of about 27 (some duplicates have been removed)